We recognize that our operations have an impact on the environment. Understanding and reducing our environmental impact are key priorities for us, especially in the areas of building energy consumption and business travel.
Our efforts are informed by EDC’s Climate Change Policy, which outlines our commitment to report on our operational footprint and EDC’s net zero by 2050 commitment which includes achieving net zero emissions from our head office and business travel activities. Our approach ranges from major operational changes such as moving EDC’s headquarters in Ottawa to a Leadership in Energy and Environmental Design (LEED)-approved building to developing employee awareness campaigns on various ESG topics.
We are committed to achieving net zero in our operational emissions by 2050. Although the majority of our GHG emissions are associated with our financing activities, we believe it is important to lead by example as we work to enable our customers to progress on their own paths to net zero.
Our plan to achieve net zero emissions when it comes to our Scope 1 and 2 emissions and Scope 3 business travel emissions includes:
We report our operational emissions performance on an annual basis in our climate-related disclosure and our integrated annual report. Our GHG emissions measurement and reporting aligns to the standards set out for corporate accounting and reporting by the Greenhouse Gas Protocol, which is the most widely used GHG accounting framework by private and public sector organizations worldwide.
Further details on our operational GHG emissions are available in our 2022 Climate-Related Disclosure
See how we’re putting our plan in place and making tangible progress to net zero by 2050.
Discover how EDC performed in 2022 and how we’re thinking about the future.
Explore policies, reports and other reference materials related to environmental, social and governance practices at EDC.